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    Japan’s Hayashi: Won't rule out any options against excessive currency moves

    Source Fxstreet
    Mar 28, 2024 02:23

    Japan’s Chief Cabinet Secretary Yishimasa Hayashi said on Thursday, he “won't rule out any options against excessive currency moves.”

    On Wednesday, Hayashi said that he is “closely watching FX moves.”

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    ECB's Knot: Not uncomfortable with market pricing of rate cutsIn an interview with Bloomberg on Thursday, European Central Bank (ECB) Governing Council member Klaas Knot said that he expects a "cautious slide" in key rates after June.
    Source  Fxstreet
    In an interview with Bloomberg on Thursday, European Central Bank (ECB) Governing Council member Klaas Knot said that he expects a "cautious slide" in key rates after June.
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    ECB's Vasle sees rates much closer to 3% at year-endThe European Central Bank (ECB) policymaker Bostjan Vasle said on Wednesday that the deposit rate should be "much closer" to 3% by the end of the year from a record high of 4% currently if disinflation continues as expected.
    Source  Fxstreet
    The European Central Bank (ECB) policymaker Bostjan Vasle said on Wednesday that the deposit rate should be "much closer" to 3% by the end of the year from a record high of 4% currently if disinflation continues as expected.
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    Breaking: China’s GDP expands 5.3% YoY in Q1 2024 vs. 5.0% expectedChina’s economy expanded 5.3% over the year in the first quarter of 2024, as against a 5.2%% growth in the final quarter of 2023, the official data released by the National Bureau of Statistics (NBS) showed on Tuesday.
    Source  Fxstreet
    China’s economy expanded 5.3% over the year in the first quarter of 2024, as against a 5.2%% growth in the final quarter of 2023, the official data released by the National Bureau of Statistics (NBS) showed on Tuesday.
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